Commenting on the recent Bitcoin price trends, Paolo Ardoino, CTO at Bitfinex said:
"We’ve seen a correction after a recent epic run for bitcoin. As an exchange that has processed US$3 billion of spot and margin trading volume over the past 24 hours, Bitfinex has once again excelled. As cryptocurrency emerges as an established asset it is vital for exchanges to have the necessary bandwidth and infrastructure to manage such episodes of extreme volatility."
